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. president obama isad odds with speaker boehner. am they be stuck in the same preelection grid lock. joining us is senior advisor to senator harry reed reed. and spokes man for boehner. welcome and glad to center you on board. start off with the situation with the president speaking out and saying as far as he is concerned wealthy americans will pay higher taxes and that ended with his reelection and he believes that voters validated his effort to make it happen. speaker boehner said raising taxes are unacceptable. >> you are seeing the classic positions and everybody wants to make sure they speak for their constitients. and they want to make they are addressing the concerns. what we will see next week a call for the president for the leadership to go down to the white house. there is not that much time. we have a fiscal looming cliff at the end of the year. hopefully we can get both sides to come to the right. >> it is important for the president to not be intransient. the stock market took a beating. and that should send a strong signal that taking more taxes out of the economy for the ben
john boehner and mc mcmcconnell are as good as we have. >>neil: well the president needs speaker boehner more than mcth connell --. bucky>>governor huckabee: both are seasoned washington insiders. the republicans in the senate and the republicans in the house of representatives have to trust and follow their leaders. that will be anathema to a lot of republicans. you cannot have 535 people all negotiating for their particular part of the pie. it can't work. >>neil: who gives? >>governor huckabee: everyone the that is how you govern. >>neil: they have never done that. >>governor huckabee: you have to. >>neil: the president is saying elections have consequences. is the consequence of this, sock the rich? >>governor huckabee: the consequences of the election, we have more governors that are republican, same house of representatives, same senate, same president. meet the new boss, same as the old boss, nothing has changed. what has to change rather than sitting down and starting at point of where they disagree, they need to sit down and start at the point of where they can agree to t
, will they come to terms of a deal? >>guest: speaker boehner struck a conciliatory note but what he meant is what mitt romney was talking about lowering tax rates and eliminating tax loopholes what erskine bowles supported in the "washington post" yesterday, a democrat. and you have senator schumer who noted the conciliatory tone of speaker boehner and he said it was a nonstarter because he will raise taxes on those that make over $250,000. >>neil: say he intends to do that and i am trying to save the nation beside read a prompter but i was trying to find a middle ground. if the middle ground is republicans getting over the issue of closing loopholes and getting rid of critics be like raising taxes and democrat could get over slowing the growth of entitlements is not like growing granny off the cliff they would be able to reach a deal to extend everything for six months or a year and get in the real work of making a simpler tax code or simpler budget process. what do you think of that? >> speaker boehner wants to do a small deal and have an extension doing what you suggest, a reform of a tax code
and house speaker john boehner are advocating compromise, yet sticking to their guns on taxes. again, chief white house correspondent ed henry. >> even as president obama suggested the campaign is over by inviting congressional leaders to white house for fiscal cliff negotiations next week -- >> it is time to get back to work. >> he left the impression the campaign continues as the white house invited 200 supporters to the east room. for what republicans dismissed as a rally. >> we can't just cut our way to prosperity. if we're serious about reducing the deficit, we have to combine spending cuts with revenue. that means asking the wealthiest americans to pay a little more in taxes. >> the president's first public comment since election night came less than two hours after house speaker john boehner said yet again today he is ready to deal. >> this is an opportunity for the president to lead. this is his moment. the president claimed one for his plan. the spending cut mixed with tax increases. >> i want to point out this was a central question in the election. on tuesday night, we found out
and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia
boehner are telling different stories. will they break the stalemate? for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked
the time we have. greta's next. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out t
a big deal or grand bargain with the republic speaker john boehner. during election year we haven't heard any of that because they were fighting so much. now the president saying how he wants a deal. speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion
looking drab. >> paul: house speaker john boehner extends an olive branch, how much will they give and how will the white house respond? to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. which can relieve pain all day with just two pills. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm hi'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges that
. >> paul: house speaker john boehner extends an olive branch, how much will they branch, how much will they giveif we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> that's house speaker john boehner vowing to work with president obama on the challenges facing the nation the first the fiscal cliff, a toxic combination of tax increases and automatic spending cuts especially in defense that could take effect january 1st. so, we pointed out in the last segment, republicans held the house with minimal losses despite a big democratic year. can boeh
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john boehner offered a compromise in week in which he says i am willing to put more revenue on to the table but with through closing deductions end gd loopholes not through raising rates. can you accept a compromise as part of the whole deal that doesn't raise the push tax rate on the wealthy? >> how much revenue are we going to generate as part of a balanced package. in their framework they assume the amount of revenue as if we started tax reform from a 39 percent rate. that is part of their built in assumption. i am all for doing tax reform. the issue is from what starting point. i think the bowl starting point which assumies that revenue fro 39 percent is the right way to go to get the mix they got in hitting their deficit reduction target. if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out stil
crisis visiting our nation so far. and while president obama and house speaker boehner say they're willing to compromise they seem to have drawn the line at the issue of raising taxes. >> if we're serious about reducing the deficit, we have to combine spending cuts with revenue and means asking the wealthiest americans to pay more in taxes how we did it when bill clinton was president and the only way we can afford to invest in job training and manufacturing. all the ingredients of a strong middle class and a strong economy. some said despite the risk we should let our nation's economy go off part of the fiscal cliff in january allowing the top two rates to rise and they believe that doing that will generate more revenue for the federal government. here is the problem with that, raising those rates on january 1st would, according to the independent firm, ernst & young, destroy 700,000 american jobs. >> kelly: all right. angela mcglowan is a political analyst and joining us today, ladies, what we can see right now, there has to be some compromise, but washington is once again fin
cliff. what he wants is higher taxes for the top earners. and speaker boehner is already saying on that part of this deal, no-dice. >> racing tax rates is unacceptable. and it couldn't even pass the house. putting increased revenues through reforming the tax code, i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. i'm confident he and i can find the common ground necessary. bill: that's the same potion had the weekend before the election. meanwhile there are strong warning the fiscal cliff could have dire consequences. lay out the stakes here. what are they? >> according to the congressional budget office, the bean counters in congress, they say recession. if you cut spending and raise taxes as is planned january 1 you get a recession and a 1.9% -- you get a 9.1% unemployment rate next year. the republicans are saying do not raise tax rates. the democrats are saying, president obama and harry reid are saying tax the rich, raise tax rates. this is all about tax rates. the democrats led by president obama
overdue. >> is speaker of the house john boehner caving to president obama's second term agenda? just three days after the election? and did he insult the tea party? >> we don't have a tea party caucus to speak of in the house. >> a leader of that movement will be here to respond. >> i have invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. >> the fiscal cliff showdown heating up will democrats and republicans find common ground? we'll have a special report. >> nobody is surprised, right, that people are already starting to talk about the next republic ticket. marco rubleio, i think, has planned a trip to iowa. >> laura: it's already starting. rising g.o.p. star marco rubio's trip to iowa fueling 2016 speculation. mike huck huckabee with analysis. caution, you are about to enter the no spin zone and the factor begins right now. _ hi, everyone, i'm laura ingraham in for bill o'reilly. thanks for watching us tonight. we'll have the talking points memo in the next segment. but, first, our
. >> chris: let's talk about taxes that got most of the attention. congressman van hollen, john boehner offered a compromise this week where he said yes, i am willing to put more revenue on the table but through closing deductions, ending loopholes, not through raising rates. can you accept a compromise as part of this whole deal that doesn't raise the bush tax rate on the wealthy? >> well, here is the issue. how much revenue are we going to generate part of a balanced package? i take my lead on this from simpson-bowles and their framework. in their framework, they assume the amount of revenue as if you started tax reform from a 3% rate. that is part -- 39% rate. that's part of their built-in assumption. i am all for doing tax reform. the issue is from what starting point. the simpson-bowles starting point which assumes the revenue from 39% is the right way to go to get the mix that they got in hitting their deficit reduction target. but look, if what the speaker boehner was saying is that he is truly willing to get what we consider congressional budget office revenue, we can work with
directly to the american people and sell his case. john boehner said this is his moment. his opportunity to leave. shannon: i would like to play a little bit more about what john boehner has said. and then i would like to play more about what brett said about this. but first, what john boehner said to diane sawyer. >> raising taxes is the wrong prescription. >> raising tax rates is unacceptable. frankly, it could not even pass the house. shannon: bret baier is the anchor of special reporting. what is your reaction? we understand that the president will invite congressional leaders over. >> we will also probably here from his senior adviser, david plouffe. the one thing that is interesting, if you look at the polls on the question of income tax rates, you have 47% that want to increase for those about 250,000. no increase for anyone tax increases, and 13%, increases for all. 47% 1,250,000 or above and 48% don't raise them at all or reason for everyone. so, you know, if you look at the exit polls, there is not really a definitive answer there. the republicans are going to say this is not t
to tackle the impending fiscal cliff but the president and the speaker of the house john boehner each drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching
boehner said it right, we're inviting you to lead. >> the thing that is, cannot be ignored is that we are a year past when we knew the committee -- almost a year past we knew the super committee was want going to reach a decision. if leadership is what was needed and you sign that to president obama, he hasn't done that. we are pushed up against a deadline, with very serious decisions. do you think that the house and the senate and the president will actually resolve this by january 1? or are they going to kick it down the road again? >> ck has a long history of preferring to kick the can down the road. there is no question about that. however, this -- this is a much more serious thing that they have come against than i have ever seen before, in terms of budget and the fiscal cliff. what do you think will happen? hopefully, they will agree a framework. you are not going to do tax reform in the next 6 or 8 weeks. you are not going to do entitlement reform in the next 6 or 8 weeks. we should hope that they get serious together, see a path and say, okay, we are going to take whatever the
to the two of you, i've never been more hopeful about this problem getting resolved. john boehner made conciliatory comments last week and the president made conciliatory-- >> i think ben was saying on the tax issues raising on the rich, debate how much he's going to raise that. he said he wouldn't bend. >> go ahead. >> but that's not the only issue and that's not the only way to solve the problem. so, they will come together and have the solution in the next few weeks. >> boy, i'm glad somebody's optimistic about this, i'm not sure i am. >> i am. >> what i hear people-- >> what do you fear happen? >> there's an unholy alliance of the left saying let's go over the fiscal cliff and libertarians saying let's go over the fiscal cliff. >> neil: and you pick up the pieces under the new year that you want, is that it? >> i think that's pretty much what people think, but the reality is, we'll lose 2 million jobs at a time we can little afford it. the economy will go into recession if it's not already there. and that's a cost we can't afford it pay. >> neil: but you could make a political argu
democrats and republicans stop it all. house speaker john boehner wants a deal on spending cuts. president obama says that is not enough. >> if we're serious about reducing the deficit we have to combine cuts with revenue. >> joining us is jonathan strong. even if tax rates went up on the wealthiest households earning more than $250,000 a year the president, as the president demands, this would actually do almost nothing to reduce the deficit. i look at the joint tax committee report of conscious saying it would reduce the deficit only by 7%. that is 7% out of $1.1 trillion. in many ways is the president's solution more of an illusion? >> he is trying to sell this as a matter of fairness. he seems to be making progress politically on that front. you have a good point. another good question, there isn't any theory this would help the economy. the estimates are it would hurt this the economy. is now the right time for that? people are still hurting out there. >> gregg: the president is claiming, you heard him say this -- he has a mandate for raising taxes. i'll quote him. he said on tuesday
have problems. >>neil: read 'em and leap. taxes will go up. and up a lot. speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street journal" reporter says you could be look at 50 percent top rate. or more. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in new york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is
president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> arthel: let's talk about it now. matt is the former white house political director under president george w. bush. alexis is the executive director for the american values institute. good to see both of you. >> great to be here. >> arthel: very good. so let's say that each of you is going to broker this deal. tell me the concessions you would make and what would be the deal breakers. i'm going to go with you first, matt. >> okay. so i'm in the seat of power. i guess if i'm a republican, i want to make sure that if i'm going to negotiate a deal that i've got real concessions in terms of getting a comprehensive tax reform bill and we've got real concessions
working across the aisle. yesterday john boehner said he would work. and harry reid mentioned he likes to dance but can fight. >> the american people have spoke yen they reelected president obama and again a republican majority in the house of representatives and there is a man date in yesterday's results it is a man date for us to work together on the solutions and challenges that we face as a nation. >> the american people us to work together . i know how to fight and i know how to dance. i don't dance as well as i fight but i would rather dance any time. the way to get things done to work at this time. we need republicans to help us. i repeat to have the leader of the republicans in the senate say his number one goal to defeat obama and that's how we legislated. >> steve: that was two days ago. come on and smell the poll results. say we hold a majority in the house of representative and so we have a man date as well >> gretchen: this is what the american people are so tired of. listening to the back and forth and back and forth and nothing gets done. nothing gets done. if you want m
the pipeline. mapped door budget cuts kick in in 54 days. house speaker john boehner says it is time for the president to lead. here he is is talking about that. >> mr. president, this is your moment. we're ready to be lead, not as democrats or republicans but americans. we want you to lead, not as a liberal or conservative but as president of the united states of america. we want you to succeed. bill: stuart varney, anchor of "varney & company", fox business network. the issues on the table are the same issues as monday. we want you to succeed by the way. what did you hear or what are you hearing based on the statements out of the washington now? >> three statements to listen to very carefully. speaker boehner, senate majority leader harry reid, and the big union boss, richard trumka. if you add them all together, tell you exactly what they said in a moment, add them all together the outlines of a deal would look like this. this is on the fiscal cliff. the outlines would possibly look like this. raise taxes, certainly raise tax revenues right now, beginning next year. promise to cut
obama and house speaker john boehner pledging to work together this time around with the threat of the fiscal cliff just months away. is it just talk or are they actually going to find common ground before it is too late? we'll talk about that. >>> plus the deadly disease that can be predicted by visible signs of aging. we'll talk about that with a doctor coming up. >>> armed motor thieves racing through a busy mall. how about that? the jewelry store heist caught on tape. it's all "happening now.". jenna: hi, everybody. great to have you with us today. i'm jenna lee. jon: i'm jon scott. lots to get too today. we want to get started what is going on in the northeast. mother nature package powerful punch hitting an area still recovering from superstorm sandy d a strong nor'easter dumping freezing rain and snow on new york and new jersey. this winery mix coming at the worst possible time with hundreds of thousands of people still waiting for electricity to be restored after sandy. no power means no heat as temperatures plunge. steve centanni is live in new jersey. steve? >> reporte
? john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring, and the president said that 250,000 below, he wants that extended, but for those making more than 250, will the bush tax cuts come to an end? >> i don't think so. i think actually the they won't come to an end because the democrats don't want major reduction in spending, if you hit the cliff, the spending would go down and politicians love to spend money. an extension of the bush tax cuts, less we're blessed by the relatively few, jeff baso, the late steve jobs, you want to remove the barriers to their production, not raise them. >> mike: john, we're not going over this cliff, are we. >> there's no way we
that in place we are removing half of the fiscal cliff. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and try to avoid boxing himself in on upcoming negotiation. >> i'm open to come plo mize and new ideas. i have been encouraged for republicans to agree to more revenue as part of the arithmetic if we are serious to reduce deficit. >> the top republican in senate who is a key player in upcoming talks says raising
that obammal triangulate, moderate? >> i agree. >> sean: i am looking at john boehner tonight. i am thinking, he was the headline on abc world news, boehner exclusive, raising taxes, new revenue on the table. why is he caving when obama is the one who needs this deal more than anybody? why is he caving before it starts? >> he is caving because he knows there has to be a deal. the market was down 4 50 points in two days? >> that's the pressure on obama. >> but after an election that you lose, the american people want conciliation. center-right country doesn't mean-- >>> we there to go. >> i don't think we lost the election. we held the congress. >> same thing. >> sean: all of this process, we are in the same boat we were in before. >> $300 billion-- >>> $6 trillion in new obama debt. harry reid took his victory lap and delivered some disturbing remarks, he has ideas about limiting republicans' ability to oppose democratic initiatives in the senate. are we looking at serious abuse of power? will he be successful? will republicans hold the line? that's all coming up. how can you get back pain r
is getting close to falling off that so-called fiscal cliff. president obama and house speaker boehner they have promised to compromise but what does it mean and can they get it done? >> gregg: approved by voters in two states but federal government says wait just a minute. don't pop out the pot quite yet. it is still against the law. which side is going to win this fight? i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! ♪ ♪ morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the sleep number bed's secret is it's air c
monday. jon: brand new stories and breaking news. president obama and house speaker john boehner speaking today about what is needed to avoid a potential economic crisis in january. >>> an ohio teen sentenced in a deadly plot to lure victims with phony job offers on craig's list. >>> silent killers of superstorm sandy d the threat of carbon monoxide exposure, dangers from downed power lines and contaminated water. it is all "happening now." jon: iran uping the stakes with the standoff over the west on its nuclear program. a good friday morning to you. i'm jon scott. >> i'm jamie colby. good to have you here. i'm in for jenna lee today. talk about happening now, there is lot happening this hour. let's start with this. iranian warplanes opening fire an unarmed u.s. drone? the pentagon said it was flying over the gulf. that international waters. fortunately the drone was not damaged. jon: all this as the you know announce as fresh round of new diplomatic talks with iran next month. national security correspondent jennifer griffin live at the pentagon with more on this. this happened
seem to be moving closer to a key sticking point. >> speaker boehner seemed to suggest that he was open to closing loopholes, to real tax reform. can you get there by just closing loopholes, or will it take more than that? >> well, look, i don't want to prejudge the discussions. i think that the speaker's comments have been encouraging and there is obviously money to be gained by closing some of these, closing some of these loopholes and applying them to deficit reduction. there are a lot of ways to skin this cat. gregg: illinois congressman peter roskam joins us. he is on the house ways and means committee. he joins us from chicago. good to see you. house speaker boehner says he will oppose any increase in tax rates. and the white house said on friday, and i will read this directly, the president will veto any bill that includes an extension of the current tax rates for those earning more than $250,000 a year. so congressman, where is the come promize? >> i think the best predictor of future behavior is past behavior. we've heard this language coming from the white house before. we hea
it doesn't matter. the president won the popular vet. the congress is still split with speaker boehner controlling the house. majority leader harry reid running the senate. ed henry covers the white house for us. what do we know about how the president celebrated? >> well, shep, can i tell new talking to his senior aides they are elated about the electoral college and they feel that the president does have a mandate now to move forward. he was sort of keeping a profile. he was in chicago, he and his family got together to come back here to washington. just arrived at the white house a few moments ago. all smiles, of course. he also made a quick stop at his campaign office today to thank supporters and staffers and whatnot. they realize they can't spend so too much time celebrating. his aides say they have to get to work. that's what the president talked about last night in terms of a second term agenda. take a listen. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together, reducing other diversify silt. reformi
speaker john boehner say they are ready to work together to keep the country from plunging off the so-called fiscal cliff. economists say the combination of tax hikes and spending cuts set to kick in at the end of the year could trigger another recession and higher unemployment. the president saying he has invited leaders of both parties to the white house next week to try to work out a deal. but he and the speaker still are sticking to their guns when it comes to it raising taxes on the richest americans. >> i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people, like me, making over $250,000 aren't asked to pay a dime more in taxes. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> harris: the white house says the president will veto any bill that extends tax cuts on incomes of more than $200,000. it is deja vu all over again, rich edson. he joins us from fox
of them is obamacare, as john boehner put it the other way, it's the law of the land. that means that businesses are going to be laying people off. that means that over eight million americans who are part time are going to continue to work part time until we see a real resurgence in this economy, certainly. because it's just not economical for the employer to move ahead. it's cheaper for them, in fact, to pay a $2,000 fine. imagine this, to pay $2,000 for an employee they didn't hire who they've hired and not put them on an employee-sponsored insurance plan. this is the exact reversefect of what we had, you know, been told would occur. but we should be used to that, because so much of the -- so many of the consequences have not been intended because they were never thought out by this congress, the previous congress. and we're looking at people saying it's partisanship. let me give you an example of why that's pure bull, shannon, many i fay. shannon: please do. >> one of the companies laying off people is a company called stryker, one of the medical device makers, one of the big
. a lot of people, john boehner came out and said, we open the door, he's willing to work on the grand bargain. bob woodward wrote a whole book about this and how far that boehner was willing to go and not telling his top surrogates how far he was willing to go, meaning raising taxes. did i -- i didn't hear one republican house member running on the idea of race raising taxes or a grand bargain. what would the response be from ann coulter? [chuckles] >> i don't think republicans are that stupid, although pat caddell is always calling us the stupid party. running as democrat-lite is not going to work. i will give-- >>> what if he goes along with simpson-bowles for the good of the country because we are headed to tax-magedon. >> simpson-bowles would be better than anything obama can come up with. we may not like it. >> sean: they always say there will be tax reform. all tax reform is sneaky way of raising taxes. that's what it will be. >> which produces less revenue to the government. no, republicans in congress, look, they have to hold the line, not give the store away. what they should
of the house john boehner who will remain the most powerful in washington another two years think voters instead wants to compromise. >> the american people have spoken. they re-elected president obama and they again re-elected a public majority in the house of representatives. there's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> the democratic leader of the senate harry reid also expressed a desire to xroe mis-- compromi. now americans know they can't defeat obama now they need to put attention on meeting somewhere in the middle on important issues. >> this is a message american people sent from all over. that is they are tired of these partisan grid locks. they are tired of things like well i have one goal to meet be obama. that's gone. obama was re-elected overwhe overwhelmi overwhelmingly. american people want us to work together. >> we will find out soon if there will be compromise like both of the leaders that they both said because we are less than two months away from the fiscal cliff. long-term unemployment b
with the republican speaker john boehner signaling he may be ready for a deal. so conservatives are warning while the president does not have to face the voters again, congressional democrats will in two years. tax hikes could come back to haunt them. >> i think he is going to require increase in tax rate on wealthy. that is his downfall. that is just makes no sense whatsoever. the wealthy are the people who hire everyone else. you can't love jobs and hate job creators. >> white house officials note the president campaigned on raising taxes and he won so he thinks he can sell it to the congressional democrats. meanwhile, the white house officials tonight say he will make the first post-election statement at the white house. tomorrow afternoon, talk about the economy, fiscal cliff. it doesn't look like he will take questions, not a full scale. post election news conference, though. it may be coming soon. >> bret: we'll cover it live on fox. thanks. what is the most pressing issue right now for president? let me know on twitter. follow me. @bretbaier. we kept you well fed with steady diet of polls
,000 a year to pay more in taxes. house speaker john boehner says tax cuts are unacceptable. >> i remain optimistic we will be able to find common ground, find a way to work together. the leblgs is over. we have to get to work. >>> the congressional budgity office issuing a warning. if a compromise is not reached by the end of the year the economy could slip back into a recession. >>> law americas might not get the answers they are looking for after all about the deadly benghazi terror attacks. congressional hearings will be closed to the public. fox news learned some of the suspects in the attack were part of an egyptian terrorist group. the network made up of violent extremists is trying to develop ties with al qaeda. >> jared laughner will be spending the rest of his life behind bars. he killed 6 people and wounded 15 others including debbie gifford. he sentenced him to 7 consecutive life terms plus 140 years. gifford and her husband were in court. you may have put a bullet in her head but you have not put a dent in her spirit. >> outrage about the power outages. 60,000 people still i
the president spoke, how majority leader john boehner held a news conference on the issue, too. >> i think we both understand the trying to find a way to avert the fiscal cliff is important for our country. i'm hopeful that productive conversations can begin soon. so that we can forge an agreement that can pass the congress. this is an opportunity for the president to lead. this is his moment. to engage the congress and work toward a solution that can pass both chambers. >> dana: talk on both sides. one thing interesting we found today, named fiscal steve, before it was fiscal cliff and focus group and fiscal cliff went over better. >> greg: fiscal steve was adult actor in the '70s abz suing for copyright infringement. >> dana:be can you tell me what you think of the fiscal cliff, since it's your favorite topic. >> greg: fiscal -- we are in the fiscal rocky mountains. when we are wile e. coyotes over the cliff. frespending road runner behind us. the thing that kills me now president obama is talking about raising the taxes. now he is doing it. why now? because he can. america bought the car a
. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. i am not going to do that. i want to point out, this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. and that includes democrat independents and a lot of republicans, throughout the country, as well as independent economists and budget experts. that's how you reduce the deficit. a balanced approach. so our job is to get a majority in congress to reflect the will of the american people. >> joining me with reaction are the author of who is the fairest of them all, steve moo
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